IQ Group Holdings Bhd (XKLS:5107) Cash-to-Debt : 16.44 (As of Sep. 2024)

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What is IQ Group Holdings Bhd Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. IQ Group Holdings Bhd's cash to debt ratio for the quarter that ended in Sep. 2024 was 16.44.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, IQ Group Holdings Bhd could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for IQ Group Holdings Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:5107' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.27 Med: 16.06 Max: No Debt
Current: 16.44

During the past 13 years, IQ Group Holdings Bhd's highest Cash to Debt Ratio was No Debt. The lowest was 1.27. And the median was 16.06.

XKLS:5107's Cash-to-Debt is ranked better than
81.57% of 1047 companies
in the Business Services industry
Industry Median: 1.03 vs XKLS:5107: 16.44

IQ Group Holdings Bhd Cash-to-Debt Historical Data

The historical data trend for IQ Group Holdings Bhd's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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IQ Group Holdings Bhd Cash-to-Debt Chart

IQ Group Holdings Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

4.53

3.47

4.86

8.43

11.08

IQ Group Holdings Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															15.68	18.47	11.08	14.12	16.44

Competitive Comparison of IQ Group Holdings Bhd's Cash-to-Debt

For the Security & Protection Services subindustry, IQ Group Holdings Bhd's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

IQ Group Holdings Bhd's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, IQ Group Holdings Bhd's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where IQ Group Holdings Bhd's Cash-to-Debt falls into.

IQ Group Holdings Bhd Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

IQ Group Holdings Bhd's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	53.036	/	(2.072	+	2.716)
	=	11.08

IQ Group Holdings Bhd's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	57.777	/	(1.925	+	1.589)
	=	16.44

IQ Group Holdings Bhd (XKLS:5107) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

IQ Group Holdings Bhd Cash-to-Debt Related Terms

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IQ Group Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » IQ Group Holdings Bhd (XKLS:5107) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 149, Jalan Sultan Azlan Shah, Taman Perindustrian Bayan Lepas, Fasa 1 (FTZ), Bayan Lepas, PNG, MYS, 11900

Website

https://www.iq-group.com

IQ Group Holdings Bhd is engaged in the design and manufacture of lighting, security and convenience products. The group has three business divisions namely, Investment holding which offers management services; Manufacturing of passive infrared detectors, motion sensor light controllers, wireless video communication devices, doorbells, home security system, lighting fixtures and plastic products, development, design, manufacture, sale, and distribution of light emitting diode luminaires and the manufacture of light engines for use in luminaires; and Trading of security lighting systems, passive infrared detectors and motion sensor light controllers. The company carries its business operations in international countries and generates key revenue from the Manufacturing segment.

IQ Group Holdings Bhd Headlines

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